Do you guys think it's worth paying off an auto loan? I have a 10k, 3 year loan with about 4k balance remaining. Interest is about 4%. I want to get rid of the loan but the total interest I pay over the life of the whole loan is only like $700.

Should I just keep paying the minimum on it? I was debating whether to sell some of my stock and pay for it bc stock prices are so high and frothy and im not sure this is going to last forever.

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Peace of mind is worth more than the potential for rate arbitrage. Just pay it off and be happy you don't owe anyone.

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What’s that money doing for you instead and do you trust yourself to invest most of / all of the additional cash you have available each month instead of making a car payment.

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Yes I invest about 35% of my income into 401k or brokerage accounts

Can the $4k make you more than $700 in the next 3 years?

If so, let it ride.

If not, pay off the loan.

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Predicting the future is never simple math. Add to that calculating return every once in a while to see if it was worth it.

Personally yes, I would. Getting rid of debt improves my sense of happiness in life!

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lol yeah it’s true

Do you think you can make more than 4% in the market?

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I’m also always looking for people to hire!

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